Markets

Australian energy regulators have called for urgent investments in renewable energy capacity and the transmission infrastructure needed to connect new projects to the grid as they look to ensure an orderly transition as coal-fired generation exits the National Electricity Market.

Australia’s largest electricity generator AGL Energy is accelerating its exit from coal, announcing it will shut down the Loy Yang A power plant in Victoria’s Latrobe Valley a decade earlier than planned, with the company aiming to abandon coal completely by 2035.

The release of Queensland’s $62 billion energy and jobs plan which would shift the state away from coal power by 2035 has been broadly welcomed but the resources sector has warned the government has plenty of work to do to attract the large-scale investment required to implement the strategy.

Western Australian developer Frontier Energy has shortlisted two EPC contractors for its Bristol Springs 114 MW solar and, eventually, green hydrogen project south of Perth.

Australian startup H2X is finally launching its fuel cell electric vehicle (FCEV) Warrego Ute announced last year. The vehicle is currently undergoing final validation and verification with the company saying it expects to have the model on the market within nine months.

Leading solar researchers from around the world are meeting for the first time in four years in Milan, Italy, for the 8th World Conference on Photovoltaic Energy Conversion (WCPEC-8). The first morning has seen prestigious awards bestowed on two scientific leaders and inspirational discussions as to how the “second terawatt” of solar can be installed globally in just a handful of years.

Edify Energy has been awarded the contract to deliver a grid forming, lithium-ion big battery in Victoria, which will provide system support services for Victoria Murray River Renewable Energy Zone and contribute to the state’s new storage targets.

A recent report by the International Energy Agency Photovoltaic Power Systems Programme (IEA PVSP) reviews the current regulatory and industrial landscape for end-of-life PV management in Germany, France, Italy, Spain, Japan, South Korea, China, Australia, and the United States.

New South Wales’ largest electricity user, Tomago Aluminium, is accelerating its plan to abandon coal-fired power, revealing it is looking to collaborate with key industry partners to develop new and innovative renewable power generation and energy storage projects.

Indonesia will have to get to work installing more than 24 GW of solar this year – and every year – if the region is to achieve the 2.1 TW to 2.4 TW of photovoltaics the International Renewable Energy Agency has estimated it will require to achieve a net zero carbon energy system by 2050.